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Dermatology Devices Market

Dermatology Devices Market

Dermatology Devices Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

141

Base Year:

2022

Date

May - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1524

Segments Covered
  • By Dermatology Diagnostic Devices Type By Dermatology Diagnostic Devices Type Dermatoscopes, Microscopes, Imaging Devices
  • By Dermatology Treatment Devices Type By Dermatology Treatment Devices Type Light Therapy Devices, Lasers, Electrosurgical Equipment, Liposuction Devices, Microdermabrasion Devices, Cryotherapy Devices
  • By Dermatology Diagnostic Application By Dermatology Diagnostic Application Skin Cancer Diagnosis, Other Diagnostic Applications
  • By Dermatology Diagnostic Application By Dermatology Diagnostic Application Hair Removal, Skin Rejuvenation, Acne, Psoriasis, and Tattoo Removal, Wrinkle Removal and Skin Resurfacing, Body Contouring and Fat Removal, Vascular and Pigmented Lesion Removal, Warts, Skin Tags, and Weight Management, Others
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 13.37 Billion
Revenue 2030Revenue 2030: USD 31.72 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 11.40%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Dermatology Devices Market Share

Market Synopsis:

Global Dermatology Devices Market valued at USD 13.37 Billion in the year 2022 and is projected to reach a value of USD 31.72 Billion by the year 2030. The Global Market is anticipated to grow exhibiting a Compound Annual Growth Rate (CAGR) of 11.40% over the forecast period.

The Dermatology Devices assist in diagnosing and treatment related to skin disorders. The Dermatology Devices Market is witnessing growth due to the rising prevalence of diseases that needs surgical treatment, particularly slightly invasive surgery (MIS) which can help the Dermatology Devices Market to gain traction in the upcoming years. Additionally, the upsurge in the incidences of skin cancer, which needs immediate treatment and which requires Dermatology Devices for the treatment is anticipated to boost the dermatology device market in the coming years. Furthermore, the rising incidences of conditions, like acne, psoriasis, and other skin disorders are projected to generate the highest revenue during the forecast period. The increasing spending on healthcare that is used for skin treatments is further anticipated to gain traction. In addition, an upsurge in the need for improvement in aesthetics which needs Dermatology Devices for the treatment and is expected to fuel the Market growth during the forecast period. The devices can be used for cryosurgery, skin biopsy, photodynamic therapy, topical chemotherapy, electrodesiccation & curettage, and Mohs micrographic surgery which is expected to increase the demand for Dermatology Devices in the coming future. Additionally, the increasing demand for dermatology devices in the emerging economies is predicted to increase the opportunities for the growth of the Dermatology Devices Market in the years to come.

Dermatology Devices Market Size, 2022 To 2030 (USD Billion)

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Market Segmentation:

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The dermatology devices market is segmented on the basis of Dermatology Diagnostic Devices, by Type, Dermatology Treatment Devices, by Type, Dermatology Diagnostic Devices, by Application, and Dermatology Treatment Devices, by Application. Based on Dermatology Diagnostic Devices, by Type, the market is segmented into dermatoscopes, Microscopes, and Imaging Devices. Based on Dermatology Treatment Devices, by Type, the market is segmented as Light Therapy Devices, Lasers, Electrosurgical Equipment, Liposuction Devices, Microdermabrasion Devices, and Cryotherapy Devices. Based on Dermatology Diagnostic Devices, by Application, the market is segmented into Skin Cancer Diagnosis and other Diagnostic Applications. Based on Dermatology Treatment Devices, by Application, the market is segmented as, Hair Removal, Skin Rejuvenation, Acne, Psoriasis, Tattoo Removal, Wrinkle Removal, Skin Resurfacing, Body Contouring, and Fat Removal, Vascular and Pigmented Lesion Removal, Warts, Skin Tags, and Weight Management, and other Treatment Applications.

The Skin Cancer Diagnosis Segment is Predicted to Gain the Highest Revenue During the Forecast Period

Based on the application, the skin cancer diagnosis is estimated to gain the highest revenue during the forecast period. The growth of this segment is attributed to increasing in the occurrences of skin cancer which requires early diagnosis. Moreover, the increasing research on skin cancer diagnosis for combating skin related conditions could contribute to the growth of this segment to generate high revenue shares in the upcoming years.

Light Therapy Devices Segment is Anticipated to Grow Significantly

Based on dermatology treatment devices, the light therapy devices segment is anticipated to grow at the highest CAGR during the forecast period. The growth of this segment is attributed to easy accessibility and better dermatology treatment with the presence of skilled professionals which assist this segment to gain more profit in the coming future.

North America is Held the Largest Market Share in 2021

North America region held the largest revenue share of the Dermatology Devices market during the forecast period. The increasing incidences of skin cancer and other skin diseases like rosacea and eczema, and the increasing adoption of cosmetics procedures are the major factors contributing to the growth of North America during the forecast period.

The Asia Pacific is Estimated to Record the Highest Growth During the Forecast Period

Asia Pacific region is projected to register the fastest growth during the forecast period. The rapid growth in the medical tourism sector in the Asia Pacific owing to the accessibility of treatment options is projected to be the prime factor driving the growth of the regional market during the forecast period. Furthermore, the increasing beauty consciousness among the consumers is estimated to boost the demand for the product which is expected to fuel the growth of the market in years to come.

Competitive Landscape:

The dermatology market is fragmented in nature due to the presence of key market players. Some of the major key players in the market are Alma Lasers, Ltd., Cutera Inc., Cynosure Inc., Lumenis, Ltd., Valeant Pharmaceuticals International Inc., Gen, Inc., Bruker Corporation, Carl Zeiss, Genesis Biosystems Inc., HEINE OPTOTECHNIK GMBH & CO. KG, Michelson Diagnostics, Ltd., Photomedex Inc. and others.

Segmentation of the Global Dermatology Devices Market:

Parameter Details
Segments Covered

By Dermatology Diagnostic Devices Type

  • Dermatoscopes
  • Microscopes
  • Imaging Devices

By Dermatology Treatment Devices Type

  • Light Therapy Devices
  • Lasers
  • Electrosurgical Equipment
  • Liposuction Devices
  • Microdermabrasion Devices
  • Cryotherapy Devices

By Dermatology Diagnostic Application

  • Skin Cancer Diagnosis
  • Other Diagnostic Applications

By Dermatology Diagnostic Application

  • Hair Removal
  • Skin Rejuvenation
  • Acne, Psoriasis, and Tattoo Removal
  • Wrinkle Removal and Skin Resurfacing
  • Body Contouring and Fat Removal
  • Vascular and Pigmented Lesion Removal
  • Warts, Skin Tags, and Weight Management
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Alma Lasers Ltd.
  • Cutera Inc.
  • Cynosure Inc.
  • Lumenis Ltd.
  • Valeant Pharmaceuticals International Inc.
  • Gen Inc.
  • Bruker Corporation
  • Carl Zeiss
  • Genesis Biosystems Inc.
  • HEINE OPTOTECHNIK GMBH & CO. KG
  • Michelson Diagnostics Ltd.
  • Photomedex Inc.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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FAQ
Frequently Asked Question
  • The global Dermatology Devices valued at USD 13.37 Billion in 2022 and is expected to reach USD 31.72 Billion in 2030 growing at a CAGR of 11.40%.

  • The prominent players in the market are Alma Lasers, Ltd., Cutera Inc., Cynosure Inc., Lumenis, Ltd., Valeant Pharmaceuticals International Inc., Gen, Inc., Bruker Corporation, Carl Zeiss, Genesis Biosystems Inc., HEINE OPTOTECHNIK GMBH & CO. KG, Michelson Diagnostics, Ltd., Photomedex Inc..

  • The market is project to grow at a CAGR of 11.40% between 2023 and 2030.

  • The driving factors of the Dermatology Devices include

    • Rising Incidence of Skin disorders

  • North America was the leading regional segment of the Dermatology Devices in 2022.